Shari'ah compliance review of prize giving to the premium saving certificate holder: case of Bank Simpanan Nasional / Amira Albhar

Albhar, Amira (2013) Shari'ah compliance review of prize giving to the premium saving certificate holder: case of Bank Simpanan Nasional / Amira Albhar. [Student Project]

Abstract

In order to diversify its banking products, Bank Simpanan Nasional (BSN) had introduced Premium Saving Certificate to their customers. Premium Saving Certificate (PSC) offers various prizes to the selected lucky owners of PSC holder through lucky draw voting. This paper aims to analyze several issues regarding to the contract of PSC and the prizes given by the BSN from Shariah perspective. Among the issues that will be discussed includes the element of gambling, riba and violation the condition of Wadiah contract. In this research, data collection will be conducted through various types of references such as books, journal, proceeding papers and others. In order to strengthen the information collected, interviewing method will be performed to obtain first-hand information from the Bank Simpanan Nasional (BSN). This research discovers a non-Shariah compliant feature of premium savings certificates and provides few recommendations to overcome it.

Metadata

Item Type:	Student Project
Creators:	Creators Email / ID Num. Albhar, Amira 2011872842
Contributors:	Contribution Name Email / ID Num. Thesis advisor Razaly, Mohamad Zaki UNSPECIFIED
Subjects:	H Social Sciences > HG Finance > Banking > Bank accounts. Bank deposits. Deposit banking H Social Sciences > HG Finance > Personal finance. Financial literacy H Social Sciences > HJ Public Finance > Finance, Islamic
Divisions:	Universiti Teknologi MARA, Johor > Segamat Campus > Faculty of Business and Management
Programme:	Bachelor of Business Adminitrations (HONS) Islamic Banking
Keywords:	Bank Simpanan Nasional; Shari'ah compliance
Date:	2013
URI:	https://ir.uitm.edu.my/id/eprint/67906